Internet Marketing And Entrepreneurship With Miles

Is your internet business stable enough to weather Amazongeddon or a similar event? If not, you must watch this video. If you aren't sure what Amazongeddon is, that is a phrase FBA (Fulfilled By Amazon) sellers and Amazon affiliates are calling the recent changes to the cost and payout structure that Amazon just rolled out. Affiliates used to make a flat 8.5% commission per sale on every product when they reached a certain level of sales volume each month. This now has a sliding scale of affiliate commission that is based on product categories and can be as low as 1%. On the flip side, the costs associated with selling items as an FBA seller have gone up. Amazon is squeaking out a few percentage points more in profit at the expense of individuals who have built their businesses on the backs of Amazon. Now is this wrong of Amazon? Of course not. Is this 'fair'? Of course it is, this is business! Here is the thing... People like my wife and I who sell a handfull of products on Amazon and promote a few pr